Austrade, the trade promotion agency, is bringing nine market-ready Australian fintech companies to the US that are poised to expand internationally. Learn more about these companies and register for an invitation to demo day – virtually or in person.
2021 was certainly the year of the meme stock. January of last year played host to one of the most memorable short squeezes in stock market history as a group of Reddit-based retail investors collaborated to create a significant rally on GameStop stocks which saw their price climb some 1,900% from its price at the beginning of the year. Subsequent meme-based surges for stocks like AMC looked to cement that speculation, rather than fundamentals, now has the power to deliver growth. However, with analysts beginning to believe that the meme bubble has finally burst, is it game over for 2021’s biggest phenomenon?
I think a more expansive view of the metaverse is helpful to see the evolution that is well underway. I see VR as the most immersive metaverse (per the graphic below), but I think you enter the metaverse once you start engaging with your mobile phone or any other device that brings you in to a computer-generated digital realm.
The arrival of a platform like Revolut, which may take lessons from Robinhood’s embattled reputation during its expansion into US trading, could be a significant test of investor loyalty. For Revolut, Robinhood may be its key rival in the US markets, but the company has laid down a solid PFOF-oriented blueprint for success. It’s also delivered a valuable lesson in how not to operate in terms of its well-documented PR blunders. Now, Revolut needs to learn from Robinhood’s mistakes to successfully crack America.
This burgeoning Australian Fintech ecosystem is ready to showcase some of the leading Fintech innovators in Australia to the rest of the world. Here are ten-market ready startups that are poised for international expansion.
Evergrande has rarely strayed from newspaper headlines for all the wrong reasons throughout 2021. At the beginning of the year, investor panic was sparked by the container ship Ever Given as the vessel became stuck in the Suez Canal – causing jitters across global energy markets and international trade. Today, markets have been rocked by the prospect of a default by the Chinese real estate giants. But what could the collapse of Evergrande mean for the wider stock market and retail investors?
By a very wide margin, the most effective thing the federal government can do to address FAMGA’s impact is to provide a friendly regulatory environment for crypto and let capitalism do its thing.
The truth is, when it comes to investing, the world is in a very different place today than it was for your parents or even your older siblings. For older generations, investing sat in the context of three main things: stocks, real estate, and just sitting on your actual cash.
As we’ve already seen with the cases of the GameStop and AMC short squeezes, retail investors have the ability to make their presence felt in the modern stock market, so why does it feel like they’re still the little guys on Wall Street? Let’s take a look at the uneven playing field of retail investing…
A look at Robinhood’s role in the rise of meme investing.